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524 Cleveland Ave

Fergus Falls, MN 56537

4 bd 2 ba 1,450 sqft Built 1905 Lot 11,238 sqft single_family
Most recent sale
$238,650
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $238,650 MLS #6182807
Jun 10, 2022 Listed $230,000 MLS #6182807
Apr 22, 2022 Listed $230,000 MLS #6182807
Aug 27, 2003 Sold $67,500 MLS #03-969
Jun 12, 2003 Listed $76,000 MLS #03-969

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $238,400 $2,384
2022 $221,000 $2,210
2021 $186,300 $2,612
2020 $171,800 $3,106
2019 $164,000 $2,976
2018 $58,100 $1,478
2017 $54,500 $1,428
2016 $50,700 $1,368
2015 $48,900 $1,326
2014 $50,100 $1,278
2007 $76,900 $6,800 $83,700 $604

Property facts

Year built
1905
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,450 sqft
Lot size
11,238 sqft
ZIP code
56537
City
Fergus Falls
Street
Cleveland Ave
Coordinates
46.28935, -96.07043

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,175
Gross rental yield
10.94%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 524 Cleveland Ave last sell?
524 Cleveland Ave most recently sold on Jun 24, 2022 for $238,650.
What is the current tax assessment for 524 Cleveland Ave?
The most recent total assessment for 524 Cleveland Ave (year 2023) is $238,400 with $2,384 in property tax.
How does 524 Cleveland Ave's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $238,650.
When was 524 Cleveland Ave built?
524 Cleveland Ave was built in 1905.
How does 524 Cleveland Ave compare to others on Cleveland Ave?
We track 8 other properties on Cleveland Ave. Browse the list under "Other properties on Cleveland Ave" to compare beds, baths, and sale history.
What are the property facts for 524 Cleveland Ave?
524 Cleveland Ave is a 4 bed, 2 bath, 1,450 sqft, 11,238 sqft lot single_family.
Is 524 Cleveland Ave a flip candidate?
No — 524 Cleveland Ave does not appear in our flips dataset.
Is 524 Cleveland Ave a tax-appeal candidate?
No — 524 Cleveland Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$371.6K
2026 Q4
$390.5K
ZIP 56537 — Median Price History + Forecast

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